tag:blogger.com,1999:blog-2611021408437270881.post6767670841139690563..comments2024-03-18T23:59:39.885-07:00Comments on Skeptical CPA: Yves Smith Smacks Stress TestsIndependent Accountanthttp://www.blogger.com/profile/07800220849565219709noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2611021408437270881.post-10969476777775023692009-09-07T14:41:08.391-07:002009-09-07T14:41:08.391-07:00"Zimbabwe Ben"
Funny."Zimbabwe Ben"<br /><br />Funny.rightsaidfrednoreply@blogger.comtag:blogger.com,1999:blog-2611021408437270881.post-78519456145499309862009-09-07T12:32:13.364-07:002009-09-07T12:32:13.364-07:00If [the Fed] can keep the shell game going long en...<i>If [the Fed] can keep the shell game going long enough, and they can keep a steep yield curve, the banks will earn their way out....</i><br /><br />Well... if, if, if... <br /><br />Although what the Fed and Treasury is doing is corrupt and shortsighted by:<br /><br />-- making an artificial yield curve<br />-- denying savers any yield on their cash holdings<br />-- overvaluing assets for repo (get 'em Bloomberg)<br />-- propping up zombie banks (konichiwa Citi)<br /><br />Still... can't help but be mesmerized by the hundreds of billions flying around...Anonymousnoreply@blogger.com